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1680 Ellen Ave, Merced, CA 95341

  • $2,450,000

  • 42

    bed

  • 26

    bath

  • 19,236

    Sqft ($127/Sqft)

Multi-family for sale 6 days
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About 1680 Ellen Ave

Property type Multi-family
Neighborhood
Year built 1964
HOA fee $0/month
Lot size 0.77 Acre
Movoto estimate
Property description
Submit all offers! Seller in Reverse Exchange! This 22-unit, 3-parcel multifamily investment opportunity. Located at 1680, 1685, and 1690 Ellen Avenue in Merced, California. This subject property consists of a total of four buildings across from each other. 1685 (APN:035-123-023) is a 14-unit apartment building built in 1979. 1680 (APN:035-124-032) is a 4-unit apartment building built in 1964 as well the mirror building next door at 1690 (APN:035-124-031). These apartment buildings on Ellen Ave total to 22 units. There is a total of 19,236 rentable SF with a lot size of 33,471 SF. There are 24 parking spots throughout the entire area with street parking available as well. There are several laundry facilities and most units have central air or wall units. Man units have been upgraded over the years, 8 units have been remodeled in 2026. Most units in 1680-1690 have hardwood floors and some units have private backyards.Located just south of the I-140 between the I-99 and Parsons Ave, this subject property is located in a high rental demand area nearby Golden Valley High School and right behind Rancho San Miguel Supermarket.
Listed by
Listing Agent - Andy Anubhav Kawatra
Listing Office - Equity Union
Source: The MLS mls logo
MLS#26866427 • last updated 1 week ago
Movoto checked The MLS for data 5 minutes ago
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Overview
Levels/Style Two, One
MLS # 26866427
Type Residential Income
Status Active
SqFt 19236
Lot Size (SqFt) 33471
Lot Size (Acres) 0.1952
Year Built 1964
Interior
Total # of Baths 26
Total # of Bedrooms 42
Exterior
Parking Desc Assigned
Add'l Structures None
Amenities / Utilities
Equipment Dishwasher, Microwave, Range/Oven, Refrigerator
Location
County Merced
Zoning R-4
APN 035-124-032-000
Multifamily Details
Unit 3: Furnished No
Unit 1: Furnished No
Unit 3: Projected Rent 11600
Unit 1: Projected Rent 2000
Unit 1: # Beds 1
Unit 1: Rent 975
Unit 2: Rent 1196
Unit 3: Rent 1312
Unit 2: Furnished No
Unit 2: Projected Rent 16200
Unit 3: # Beds 2
Unit 2: # Beds 2
Unit 2: # Baths 1
Unit 3: # Baths 1.5
Unit 1: # Baths 1
Unit 2: Actual Rent 16200
Unit 3: Actual Rent 10499
Unit Type 2106, 2107, 2108
Unit 1: Actual Rent 1950
Total # Of Buildings 4
Net Operating Income 176374
Cap Rate 7.2
Vacancy Rate 8 Units
Gross Income 323028
Gross Operating Income 306877
Gross Rent Multiplier 7.62
Total Annual Expenses 130503
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Source: GreatSchools.org © 2026. All rights reserved.

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